"Online resources; www.oupinheonline.com: The following resources are available to help the faculty and students using this text: For faculty: Instructor's manual. PowerPint slides. For students: Multiple choice questions"--Cover page 4.

Derivatives and Risk Management, 2e is a very comprehensive textbook designed to cater to the syllabi requirements of financial management students. The text provides extensive and intensive coverage of all the basic principles of derivatives and risk management. Furthermore, advanced topics such as credit risk, securitization, and credit derivatives are also covered in detail. It also includes corporate finance-related topics such as corporate securities seen as derivatives and real options. The focus of this particular edition is to provide a better and more organized coverage of the subject. In addition to covering regular subject material, the text covers weather and energy derivatives and accounting for derivatives. A few cases that throw light on the dangerous side of derivatives are also discussed. Other than providing an extensive coverage of the core concepts of the subject, it includes numerous solved examples and graphical illustrations to provide the students with a practical orientation towards derivatives.

Preface to the First Edition ix
Chapter 1. Introduction
Chapter 2. Forwards and Futures
Chapter 3. Commodity Futures
Chapter 4. Stock and Index Futures
Chapter 5. Currency Forwards and Futures
Chapter 6. Interest Rate and Forwards
Chapter 7. Interest Rate Futures
Chapter 8. Swaps, Interest Rate, and Currency
Chapter 9. Options—Basics
Chapter 10. Option Pricing—Basics
Chapter 11. Option Pricing—Binomial Model
Chapter 12. Option Pricing—Black-Scholes Model
Chapter 13. Option Greeks—The Sensitivities
Chapter 14. Volatility and Value at Risk
Chapter 15. Hedging with Options
Chapter 16. Options Trading Strategies
Chapter 17. Exotic Options
Chapter 18. Interest Rate Options
Chapter 19. Options on Futures and Swaps
Chapter 20. Credit Risk, Securitization, and Credit Derivatives
Chapter 21. Corporate Securities and Derivatives
Chapter 22. Real Options
Chapter 23. Weather and Energy Derivatives
Chapter 24. Accounting for Derivatives
Chapter 25. Derivatives Disasters